I have spent the last 4 years doing B2B business development for a small electronics engineering & manufacturing firm. I am going to break 100k this year, but it has been a struggle given that my products are commodities essentially and my engineers won’t tackle anything too difficult (lucrative) unless I put up a massive fit or try figuring it out myself. My company treats me very well, nice office, great boss, flexible hours etc.. but I sometimes wonder what greener pastures may exist for me in the future. At the last small company I worked for there were three sales managers making 200-400k, but they were all in their 60s, 70s(yep), or the son of the owner. I would like a faster track to higher pay. By the way I live in Chicago, I’m in my early 30s, and I have an MBA(although not top 15). I think that education is extremely important, but in sales it is very much my impression that it is all about experience and results.
The Patent Office is an ideal place to work for engineers looking to start a side gig. I went to law school instead (poor choice maybe, but I wasn’t reading your blog back then). Depending on the economy, the Patent Office pays for law school as well. They didn’t pay when I was there during the recession, but because the salary is good I was able to go to a top IP law school (George Washington) with only $30k in loans, which I paid off within a year of graduating.
The day-to-day work of a patent examiner involves reading, researching, and writing about new technology. The job of a patent examiner is to make sure that patents are only granted for inventions that are new. A typical day involves reading a patent application to understand the invention, searching for related patents to see what already exists, making a decision regarding whether the invention is new, and writing a report about your findings.
Very easy my dear friend, I think reading this article, any body can make money online. So the basic idea of this whole article was -affiliate marketing through email list. Another method that is totally working and i am able to generate an average 20-50$ per days is just post proper review on any popular system and fully optimize that so that that review can rank higher in search results. This method will generate endless affiliate income for you.
I expanded my SEO blog and started writing about hosting, cache plugins, and other relevant topics… while recommending SiteGround in each tutorial. I added social proof like this poll where they were rated the #1 host. Each tutorial was super detailed and tons of people found them helpful – many generated 100 visitors/day since the great content got them ranked high.
Videos are great: you can do an unboxing video (see #10) and post it on multiple channels; you can create a recipe video or tutorial on a specific topic and link to those products both in the caption and in your Facebook shop (which you should create and direct people to); you can even do Facebook Live and mention certain affiliates where appropriate.
Some more information: I’m really interested in business, finance and law and have started a successful organization. I also am good at computer science and have won a lot of national and international science fairs. I’m also a national high school debate qualifier. I’ve taken a certified IQ test and have received a 140. I got close to a 2400 on the SAT. I had a very bad injury in ninth grade and I missed a lot of school (I got a C in a class because of that!) I am really worried about my future.
It is important to note that the above is an ideal type, a simplified model or reality using optimal circumstances. In reality other factors such as discrimination based on race, ethnicity and gender as well as aggressive political lobbying by certain professional organizations also influence personal income. An individual's personal career decisions, as well as his or her personal connections within the nation's economic institutions, are also likely to have an effect on income, status and whether or not an individual may be referred to as affluent.
While grades aren’t everything, they do an excellent job of sticking out in a pile of resumes and getting your foot in the interview room. For example, I absolutely sucked at networking. I remember attending some welcome reception and walking around the room for 5 minutes before going back to my hotel room! However, because I had a 4.0 GPA, I still got invited to over 25 interviews that semester. As a result, I became a Level 99 interviewee primed for dominance the following recruiting season.
Hey, I'm Glen. In February 2009 I quit my full-time job and have made my living from the internet ever since. Having previously worked as the Social Media Manager for the likes of Nissan and Hewlett Packard, I took my skills and successfully applied them to my own projects. ViperChill is the place I share everything I've learned in order to help other people make a living online.
I grew up in SF. Big city. And for high school I went to the ghetto side of town where a lot of the teachers were burned out. A few of them left for private school after 1-2 years of teaching where the pay is a lot higher. I would have done the same. At an inner city school, it’s more work and stress for less money and less respect. The actual kids weren’t great to deal with either. High schoolers aren’t as cute as 5th and 6th graders when they’re mad. These kids carried pocket knifes now!
Following my passion was definitely the wrong thing to do. I never advise anyone to ‘follow their passion, after what I went through. If your passion doesn’t pay a living wage, don’t follow it as your main career, follow it as your hobby. I wish someone would have told me thatthe first time around. Unfortunately, we didn’t have the internet and all these wonderful blogs when I went to college the first time.
Another good platform to start with is Reward Style. Once you’re enrolled, you can get links for seriously hundreds of different sites–everything from Bed, Bath & Beyond to Anthropologie to PETCO to Pottery Barn Kids to Zulily. While it’s a fairly small commission (usually 5-15%), it all adds up and all you’re doing is helping to facilitate a sale for something you’re already talking about anyway!
It’s unfortunate that you left IT out – yes portion of it have been outsourced. However I have several friends who work as social media technologist (monetize YouTube videos, twitter relationships etc.) that make over 6 figures. Also I work as an IT Business Analyst for a large consulting firm and make over 6 figures… My boss last year made over 200k (with bonus) for a midsize software development firm in retail. There is so much money to be made out there – BUT a lot of the old jobs are gone. I mean have we stopped to think about how some of those “crazy kids” running around on the internet blogging everywhere are now making 6 figures? That is a legit job that was created during the recession. Yeah people let’s make our own economic stimulus package! You have to find what the market is paying for these days – the money is out there.
Also, to assume you can land a job with one of the fore-mentioned companies in your article, you must be a top performer. Not just in grades, but in networking, social groups, and even down to kissing ass to your professors. For example, It’s even been said that HBS (Harvard Business School) is one big networking program, if not almost a party (any HBS or Ivy League readers – I’m not saying that being intelligent, knocking out your case studies, and making those great grades aren’t important – I’m just emphasizing the importance of networking). Plus, you must assume you have a hand up against the students who are there solely based on nepotism. Also, most universities won’t let you go with less than 3 years of experience. After three years of experience, you may face some really – I would hope – great opportunities with the company you began your career with, even if they aren’t six figures right away.
But I have a question… Do you really think that those who don’t attend the top schools won’t be as successful? (Coming from someone who doesn’t go to Colombia or UCD) What are your thoughts? Should they transfer from a cal state to a UC? Or should they complete their bachelors in a cal state and then proceed to get their MBA in a higher ranked university?
To be assured of stable revenue inflows, you must definitely have reliable access to the internet. It also entails regular and prolonged contacts with the internet every quite often. This means you have to be online 24 hours a day if possible. In case your internet connectivity is unreliable, you may not be able to leverage its advantages to the fullest extent.
ShareASale offers pay-per-sale, pay-per-lead, and pay-per-click programs, with a minimum payout of $50. ShareASale is my favorite affiliate program network because of their large marketplace (they have tons of blogger-friendly affiliate programs) and the ease of use. If you want to make money through affiliate marketing, I highly recommend you give ShareASale a try.
Hey Jennifer, I don’t really know much about MOBE as I haven’t had personal experience myself but in terms of paying for a programs, i’ve had experience with the Six Figure Mentors. They teach people marketing and entrperneurial mindset stuff that I found invaluable. They have a paid tiered membership system that can be promoted on an affiliate basis. What sort of affiliate business are you looking to set up?
Great post, Penny! As you know – I am finishing up year 29 in education. I have two Master’s degree and a doctorate and I’ve never earned six figures. Had I stayed as a principal in the last five years, I would have made six figures. I’d likely be at around $120,000 right now. But I gave that up to go teach at the college level, not work 12 months a year, and have fun educating the next generation of teachers. Five years ago, I knew I was almost to FI because of this community (and that’s never making six figures and being a single mom for a number of years…)
I love your post. I have been following you over the years. I want to shed some light to others who are in pursuit of the “Six Figure Salary”. Upon graduation, I set a goal to make six figures by 30. I started off making only $33k a year. However, I out worked everyone in my office and established a reputation as a hard work and smart worker. I stayed at the firm (insurance) for 4 years and somehow networked and found an opportunity in management consulting. I stayed there for 10 months and made approximately $95k. Next, i took the experience came back to the insurance industry and now make $125k at the age of 27…. 3 years earlier!. My best advice for everyone is to work hard, follow the opportunities, strive for constant improvement, and be open to change. PS. I went to a “B” school and was a “B” student. Unfortunately, I was an underdog through out my career because of my school, but I balanced it by tremendous work ethic and self taught myself in business. Work hard, keep reading, and continue to improve. You will make six figures!
If you have to earn $50-$100 commission you have to sell product of cost $500-$1000 (If you’ll get 10% commission). If anyone who is reading have the potential to sell product of this much amount then why not he/she should start selling his/her own product. And money ultimately comes when a service or product is sold! So if you can write an Ebook then write another which you can sell for money!
You should still shoot to be in the top 5% of your class. Pure determination alone can get you into the top 10%, and that’s likely going to get you a spot in a public university. For example, students in Texas are guaranteed admission into any public university in the state if they are within the top 7% of their class (formerly 10%). There’s a similar program at Georgia. Check if your state schools have similar guaranteed admission criteria.
MozBar – MozBar is a Google Chrome extension that lets you Google any keyword and see how competitive the search results are. The higher the DA (domain authority) and PA (page authority) the more competitive the keyword is. However you still want to click on the top results and browse the content to make sure you can creating an article/video that is better than whoever’s in the top results. That is really what “researching the competition” is all about.
However, you should be cautious when going for a particular bonus offer. There’s no point merely getting more ‘stuff’ just for the sake of it. Otherwise you end up with everything collecting digital dust on your hard drive. Worse is that you get so much information that it completely overwhelms you and stops you from taking any action on the franchise itself.
Website Development Help – need help setting up your theme? I’ve been working with the same 2 developers for 3+ years. To hire them, sign up for a Freelancer account, post your job (WordPress theme installation) then invite user i333 or bdkamol to your project. If you want, contact me and I will introduce you to them via email. Both are great developers with reasonable rates, speak fluent English, and I outsource all my programming work to them.
I have made in excess of $100,000 with the 7-Figure Franchise. I get that you won’t believe me. That’s fine. On Facebook Michael constantly congratulates people on high-ticket commissions and you’ll see my name there a lot. My performance as an affiliate for Michael has garnered the attention of other people in IM, who want me to promote their products.